vertical restraints from the section 34 prohibition? Introduction The Competition Act in Singapore is a relatively young piece of legislation. Substantive provisions prohibiting anti-competitive acts and conduct, in the form of sections 34 and 47, only came into effect as recent as 1st January 2006. The Competition Act was “largely modelled on the UK's Competition Act 1998 ” , which was in turn modelled after European competition law contained in the Treaty establishing the European Community . Several
realm of telecommunication services, the application of ex ante regulation has been considered as the mainstream of this industry until the recent tendency specially by EU towards shifting from ex ante to ex post competition law. Those who are advocating this shift to ex post competitions have put their effort into deregulating and narrowing the scope and applicability of the ex ante rules. The latter mentioned rules are very essential to perform as protector of the consumers ' rights and interests
Cyberpaternalism and Network Communitarianism sit in opposition to each other. Cyberpaternalists believe that online regulation is effected through changes in the code of cyberspace, while Network Communitarians believe that the community takes part in the regulatory dialogue through action and reaction. Can the two be reconciled? If not, which is to be preferred and why? ANSWER As we know world has undergone a digital transformation of an astonishingly wide range of material artifacts interwoven with social
therefore leaving policy makers, politicians and economists to decide what form of regulation would be appropriate to effectively regulate financial institutions that would avoid and prevent further financial failures. Therefore the purpose of this essay is
regulation to create more competition, lower prices and improve service quality. In doing so, the Canadian federal government has used these criticisms to their advantage in order to justify interventionist spectrum allocation policies and advocate for additional regulation of the wireless sector (Masse & Beaudry, May 2014). In the fall of 2013, the government even took the unusual step of launching a $9 million ad campaign aimed at publicizing its efforts to support greater competition in the wireless sector
to these complicated physical problems, the location of New Zealand’s largest demand centres compared largest generation centres means there are several infrastructural issues as well. This essay will briefly examine the industry’s regulatory history and discern how the Commerce Act 1986 fits into this regulatory context. The ability of Part 2 to control generators in net-pivotal situations will also be briefly scrutinized. Structure of the industry The electricity industry can be split 4 ways:
Introduction The UK Financial Services Act of 2012 was put into effect the 1st of April 2013 and contained the government reforms on the financial regulatory structure in the United Kingdom. This Act gave new guidelines for management of the banking sector and other supervisory roles in the financial services sector, which include the following. The oversight role of the Bank of England was bestowed therefore, it is expected to be responsible for the occurrences in the financial system and how financial
WGU EGT1 Task 3 Student# In this essay I will discuss a few terms and how their relationships apply between regulation and market structures, as well as how regulation policies affect the market. A) There were 4 particular Antitrust Laws that were enacted with the primary purpose of protecting consumers, striving to achieve fair competition in the market place, and to achieve and allocate efficiency. The 4 Antitrust Laws that are major pieces of legislation are; The Sherman
Antitrust laws are federal and state government laws that regulate the conduct and organization or businesses. This helps promote fair competition for consumers. There are four main areas involving the
Airplane losing 10 million dollars for paying compensation to victim families.This incident demonstrates the environment has always changed , sometimes it could be a good opportunities to develop the businesses or great disasters to damage it. This essay will discusses the changing factors of business environments in detail , following by the sections:how economic systems attempt to allocate resources effectively,the impact of fiscal and monetary policy on business organisations and their activities